Arrow Financial Corporation (AROW)

Nasdaq: AROW · National Commercial Banks · Glens Falls, NY · filing with the SEC since 1995

Grade4.2

◀ Past 3.1● Present 4.6▶ Future 5.5

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 6, 2026	Mar 14, 2025	Mar 11, 2024	Jul 18, 2023	Mar 11, 2022	Mar 10, 2021	Feb 28, 2020	Mar 8, 2019	Mar 12, 2018	Mar 14, 2017
For lenders
Net interest income	·	·	104,832	118,343	110,355	99,202	88,049	84,018	77,651	71,559
Provision for credit losses	·	·	·	·	272	9,319	2,079	2,607	2,736	2,033
Net interest income after provision	125,890	106,552	101,451	113,545	110,083	89,883	85,970	81,411	74,915	69,526
Noninterest income	32,432	28,074	29,117	30,898	32,369	32,658	28,555	28,949	27,645	27,832
Noninterest expense	102,934	97,268	93,048	81,530	78,048	70,678	67,450	65,055	62,705	59,609
Interest expense	76,983	83,261	57,732	11,308	5,195	12,694	21,710	12,485	7,006	5,356
Interest and investment income	210,147	194,993	162,564	129,651	115,550	111,896	109,759	96,503	84,657	76,915
Income tax expense	11,435	7,649	7,445	14,114	14,547	11,036	9,600	9,026	10,529	11,215
Net income	43,953	29,709	30,075	48,799	49,857	40,827	37,475	36,279	29,326	26,534
Net income to common shareholders	43,811	29,709	30,075	·	·	·	-677	-322	-691	-441
Earnings per share, basic	2.65	1.77	1.77	2.86^r	2.93^r	2.4175^rb	2.2913^rb	2.234^rb	1.8211^rb	1.7113^rb
Earnings per share, diluted	2.65	1.77	1.77	2.86^r	2.92^r	2.4175^rb	2.2913^rb	2.2245^rb	1.812^rb	1.7022^rb
Weighted average shares, basic	16,502,724	16,739,182^r	17,037,331^r	17,008,000^r	16,994,000^r	16,898,180^rb	16,324,470^rb	16,215,856^rb	16,105,703^rb	15,523,280^rb
Weighted average shares, diluted	16,505,470	16,745,222^r	17,037,331^r	17,059,000^r	17,052,000^r	16,914,660^rb	16,372,880^rb	16,306,033^rb	16,213,883^rb	15,622,718^rb

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the change of share basis.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton AROW · research, not advice